704 LONE STAR DR, CEDAR PARK, TX 78613
CEDAR PARK, 78613 — williamson County
Property at a Glance
This home is estimated between $451,787 and $857,118, with a best estimate of $648,413. That places the property above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775, in a neighborhood that declined 6.2% over the past year.
Estimated Value Range
$648,413
$726,873
Based on 5 comparable properties(5 in the same subdivision)
Based on 5 comparable properties in L321D72G - Cedar Park Ranchettes/Forest Park, this home's estimated market value is between $451,787 and $857,118. All 5 comparables are in the same subdivision, giving this estimate high confidence.
Comparable Properties (5)
Adjusted -$27,406 for 97 sqft less living space and +$1,838 for being newer. Net adjustment: -$25,568.
Adjusted +$123,187 for 436 sqft more living space and -$3,675 for being older. Net adjustment: +$119,512.
Adjusted +$9,324 for 33 sqft more living space and +$12,864 for being newer. Net adjustment: +$22,188.
Adjusted -$3,956 for 14 sqft less living space and +$14,702 for being newer. Net adjustment: +$10,746.
Adjusted +$87,022 for 308 sqft more living space and +$1,838 for being newer. Net adjustment: +$88,860.
The Neighborhood
This home is valued 46.6% above the L321D72G - Cedar Park Ranchettes/Forest Park median of $495,775. With 247 homes in the subdivision, the property sits in the upper tier. Note that values in this subdivision declined 6.2% over the past year.
L321D72G - Cedar Park Ranchettes/Forest Park
above averageThis home is +46.6% above the subdivision median.
Tax Analysis
The estimated annual property tax is $14,400 across all districts. With a homestead exemption claimed, that drops to $12,718 — saving $1,682 per year. That's $1,060 per month a buyer should budget. The assessed value increased roughly in line with the neighborhood, so a tax protest is unlikely to yield significant savings.
Tax Districts
| District | Type | Rate | Annual Amount |
|---|---|---|---|
| Leander ISD | School | 1.0869% | $7,900 |
| Williamson County | County | 0.3694% | $2,685 |
| Cedar Park | City | 0.3600% | $2,617 |
| Austin Community College | special | 0.1034% | $752 |
| Williamson County FM/Rd | County | 0.0443% | $322 |
| Upper Brushy Creek WCID | Water | 0.0170% | $124 |
| Williamson Central Appraisal District | cad | 0.0000% | $0 |
| Total Annual Tax | 1.9811% | $14,400 | |
Mortgage Context
At today's 30-year mortgage rate of 6.38%, a buyer financing $648,413 would pay approximately $4,047 per month (principal and interest only, excluding taxes and insurance).